Impacted by the Iran war, Pimco Commodity Fund plunged 17% in March

Golden Ten Data reported on March 12 that, according to an informed source, Pimco's commodity hedge fund has fallen by about 17% so far this month due to the impact of the Iran war on oil prices and global markets. The source revealed that this loss has expanded the decline of Pimco Commodity Alpha Fund this year to about 26%. Before this month's loss, the fund managed about 3 billions USD in assets, and last year its decline was about 9%.